Geely chairman urges Volvo Cars to deepen partnerships and expand China R&D amid EV pressures

Geely chairman urges Volvo Cars to deepen partnerships and expand China R&D amid EV pressures

  • March 31, 2026

Volvo Cars is being pushed to strengthen collaboration across its global network as competitive pressures mount in the electric vehicle market, with Geely Holding chairman Li Shufu calling for deeper integration between the Swedish automaker and its sister brands. Speaking at the company’s

Hyundai accelerates China EV strategy to counter tariffs and intensifying local competition

Hyundai accelerates China EV strategy to counter tariffs and intensifying local competition

  • March 30, 2026

South Korean automaker Hyundai Motor is expanding its electric vehicle strategy in China as it seeks to reduce exposure to rising trade related costs and strengthen its position in the world’s largest auto market. The company is increasing focus on eco friendly vehicles